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Nevada, Massachusetts state treasurers want to dump gun company investments

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Nevada, Massachusetts state treasurers want to dump gun company investments


The highest monetary officers for Nevada and Massachusetts are looking for coverage adjustments that might permit them to divest tens of millions in gun producers and associated companies.

The Democratic state treasurers in Nevada and Massachusetts on Thursday introduced plans to unload taxpayer cash invested within the gun trade that may require approval from different governmental our bodies in each states. With gun management proposals unsure after final week’s college capturing in Uvalde, Texas, that left 21 lifeless, the treasurers are utilizing divestment as a technique to handle gun violence.

Nevada Treasurer Zach Conine defined in a video posted on-line his rationale for slicing monetary ties with firms that manufacture or profit from the sale of “assault-style weapons” from the $47 billion in state property managed by his workplace.

“In my view, they expose the state to an excessive amount of threat,” mentioned Conine. “As a chief funding officer of Nevada, managing threat to Nevada’s taxpayers is my duty. The ethical threat for investing in these firms is just too excessive and is greater than we’re keen to bear, and funding is basically plans for the long run.”

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In a technique to handle gun violence, Democratic state treasurers for Nevada and Massachusetts introduced a plan that might permit the states to unload tens of millions in taxpayer {dollars} invested within the gun trade. Above, military-style rifles are displayed on the 2013 Nationwide Rifle Affiliation’s annual convention in Houston, Texas.
Justin Sullivan/Getty Pictures

Conine mentioned his workplace has recognized roughly $89 million that may very well be topic to divestment beneath his proposed insurance policies, which have to be adopted by the State Board of Finance in addition to the board overseeing the state school financial savings program.

For the time being, Conine mentioned his workplace is not going to unload investments in focused firms at a loss. As a substitute, it’s going to maintain the funding till maturity after which by no means purchase it once more.

Based on Conine, Connecticut, Rhode Island and New York Metropolis have already made related divestments.

In Massachusetts, Treasurer Deborah Goldberg is proposing her state go additional by requiring the state’s $101.5 billion pension fund to divest $2 million from “firms that manufacture and distribute weapons and ammunition for civilian use,” in accordance with a press release from her workplace.

“It’s unacceptable that we as a rustic proceed to dwell in a seemingly countless cycle of gun violence,” Goldberg mentioned in a press release. “Conventional approaches will not be working, and we should do what we will to probably save lives.”

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Goldberg’s proposal would come within the type of laws that might direct Massachusetts Pension Reserves Funding Administration Board to drag its cash from publicly traded firms that derive 15 % or extra of their revenues from promoting or manufacturing “ammunition, firearms or firearm equipment for civilian functions.”

Her workplace mentioned it expects impacted firms to incorporate Ammo Inc.; Smith & Wesson; Sturm, Ruger & Co., Inc.; and Vista Outside.

Following the the 2018 bloodbath at Stoneman Douglas Excessive College in Parkland, Florida, some firms lower ties with the Nationwide Rifle Affiliation.

Goldberg mentioned she made the identical proposal to lawmakers after the 2018 capturing. Nevertheless, the invoice did not go.

Beforehand, the Massachusetts state funding board has been directed to divest cash from firms taking advantage of tobacco or doing enterprise with Sudan, Northern Eire and Iran.

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Newsweek has reached out to the Nationwide Taking pictures Sports activities Basis for remark.



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Massachusetts

Treasure hunt for gold trophy with massive prize narrowed to Massachusetts woods

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Treasure hunt for gold trophy with massive prize narrowed to Massachusetts woods


AMHERST – The Project Skydrop treasure hunt for a gold trophy and a massive prize has zeroed in on western Massachusetts. 

Jason Rohrer and Tom Bailey, video game developers from New Hampshire, hid a pure gold trophy valued at $26,000 somewhere in the woods. Whoever finds the trophy also gets the “prize bounty,” which is currently over $80,000, made up of entry fees from people joining the hunt.

Where is the Project Skydrop trophy?

When the search started on Sept. 19, a map showed that the trophy could be in a 500-mile radius that encompassed much of the northeast and areas as far south as Virginia. Now the circle’s diameter is only 35 miles within Massachusetts, stretching from South Hadley to the border of Vermont. 

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The shrinking radius for the Project Skydrop trophy.

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Project Skydrop


Massachusetts communities inside the circle include Northampton, Amherst, Williamsburg, Easthampton, Deerfield, Montague, Greenfield, Ashfield, Shutesbury, Shelburne Falls and Charlemont.

The circle will continue shrinking until it’s only one foot in diameter on Oct. 10. By then, someone will have figured out where the treasure is hidden. 

Joining the Project Skydrop hunt

For $20, hunters get access to daily clues in the form of aerial photographs that show more of the surrounding landscape every day. They can also discuss the clues in a members-only chat group.

The Project Skydrop website has a live webcam view of the trophy location and screenshots of motion detected nearby. So far, cameras have only captured squirrels and other wildlife creatures checking out the treasure.

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To claim the growing prize bounty, the winner must take a first-person video of themselves walking up to the trophy and upload it to YouTube. 



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Looming dockworker strike could impact Massachusetts businesses

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Looming dockworker strike could impact Massachusetts businesses


Looming dockworker strike could impact Massachusetts businesses – CBS Boston

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A port workers strike could impact the U.S. economy. WBZ-TV’s Tammy Mutasa reports.

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Nibi the beaver ordered released into wild; Massachusetts rescue group

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Nibi the beaver ordered released into wild; Massachusetts rescue group


CHELMSFORD – A wildlife rescue group and its supporters are protesting a decision by authorities to release “Nibi” the beaver back into the wild, potentially as soon as Tuesday.

For the past two years, Nibi has been at Newhouse Wildlife Rescue in Chelmsford. The organization found the orphaned beaver and took her in when she was very young.

Since then, she’s been a hit on social media.

“So many people have fallen in love with Nibi,” Jane Newhouse tells WBZ-TV.

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MassWildlife says it’s time for Nibi the beaver to be released

But now MassWildlife says it’s time to Nibi to return to nature, saying in a statement that “wild animals like this one belong in the wild.”

“The role of licensed wildlife rehabilitators is to care for sick and injured wildlife so that animals can be released back into the wild as soon as possible,” MassWildlife said. “Newhouse Wildlife Rescue was informed in June that the beaver is healthy and must be returned to the wild, in accordance with their permit and state regulations.”

Newhouse worries that the decision will cost the beaver her life. She said Nibi wanted nothing to do with other orphaned beavers brought to the facility, and could not be conditioned to survive in the wild.

“We tried to make Nibi releasable,” Newhouse said. “The goal for any wildlife rehabilitator is to acclimate these animals to the wild.”

MassWildlife has officially denied Nibi as an educational beaver. They want her released as soon as possible. We are all heartbroken but have no control over this situation. I am devastated….

Posted by Newhouse Wildlife Rescue on Monday, September 30, 2024

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MassWildlife says this is an appropriate time to release a beaver into the wild, but Newhouse wants to at least wait until spring. She fears Nibi won’t be able to make a den and dam and store food for the winter.

“Heartbroken over all of it”

A request to make Nibi an educational beaver and let her stay at the rescue was denied, Newhouse said.

“I’m heartbroken over all of it, to be honest with you,” Newhouse said.

MassWildlife says the beaver will be released in a suitable habitat away from people.

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